Finding value in rewards

Benchmarking overall costs with key business ratios
By David Hoad and Nathalie Olds
|Canadian HR Reporter|Last Updated: 01/21/2015

In determining the effectiveness of reward programs, many organizations benchmark compensation levels for jobs. But this is only one element of an effective reward program. Benchmarking reward programs against key business ratios can help an organization remain competitive and profitable.

Plus, by providing information operations-focused leaders can relate to, HR ensures its place at the table for key decisions.